word problem

Question

A pool company has learned that, by pricing a newly released noodle at $3, sales will reach 20,000 noodles per day during the summer. Raising the price to $6 will cause the sales to fall to 17,000 noodles per day.

Answer 1

If you're asking whether the price should be $3 or $6, calculate the profit per noodle:

 

At $3, they'll sell 20,000 noodles per day for a total of 3(20,000) = $60,000

At $6, they'll sell 17,000 noodles per day for a total of 6(17,000) = $102,000

 

Given only those two choices, they should definitely price the noodles at $6.